Search found 57 matches

by snailderby
Mon Dec 10, 2018 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellesly Income
Replies: 45
Views: 5667

Re: Vanguard Wellesly Income

Following is a table that shows what $100,000 invested in Wellington, Wellesley Income and various Vanguard index funds on January 1, 2000 would be worth as of November 30, 2018. (Source: Portfolio Visualizer.) $400,481 - Wellington - VWELX $370,256 - Wellesley Income - VWINX $279,045 - Balanced In...
by snailderby
Mon Dec 10, 2018 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Would this be a wash sale?
Replies: 4
Views: 309

Re: Would this be a wash sale?

IRS Publication 550 (https://www.irs.gov/pub/irs-pdf/p550.pdf) may give you some idea what the IRS might consider "substantially identical": In determining whether stock or securities are substantially identical, you must consider all the facts and circumstances in your particular case. Ordinarily, ...
by snailderby
Sat Dec 08, 2018 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: 30 years old, 250k portfolio allocation?
Replies: 17
Views: 2212

Re: 30 years old, 250k portfolio allocation?

For example, let's say I have $11,000 to invest, and I want to put $5,500 in a bond fund (BND) and $5,500 in a stock fund (VTI). Because the max annual contribution to my Roth IRA is $5,500, my Roth IRA only has space for BND or VTI. Fifty years later, let's say VTI is now worth $500,000. BND is wo...
by snailderby
Fri Dec 07, 2018 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: 30 years old, 250k portfolio allocation?
Replies: 17
Views: 2212

Re: 30 years old, 250k portfolio allocation?

(2) It can also make sense to place assets with higher expected future growth (like VTI/VXUS) in your Roth IRA to avoid paying capital gains taxes down the road. This argument has never made sense to me: the logic implies you should be putting the lower-yielding assets nowhere. From https://www.bet...
by snailderby
Fri Dec 07, 2018 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: 30 years old, 250k portfolio allocation?
Replies: 17
Views: 2212

Re: 30 years old, 250k portfolio allocation?

Hey all, I've recently sold nearly all my positions and consolidated my portfolio to VTI +VXUS at a 60/40 split. With 25k worth of space (~10% of portfolio) in my Roth IRA I was wondering whether I should allocate to VTI, VXUS, or a bond fund like BND? I believe that IRA's have tax advantages, so i...
by snailderby
Fri Dec 07, 2018 11:35 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Understanding TIPS
Replies: 36
Views: 3357

Re: Larry Swedroe: Understanding TIPS

I never understood TIPS. Still don't fully understood them. But this article was helpful. Thank you for sharing this, Dave!
by snailderby
Wed Dec 05, 2018 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: credit cards
Replies: 13
Views: 1156

Re: credit cards

Bank of the West gets you 3% on restaurants, groceries, and gas with no annual fee. Alternatively, if you eat out or travel a lot, you might consider the Uber Visa card (4% on restaurants and 3% on travel) or the Wells Fargo Propel card (3% on restaurants, travel, and gas, upped to 4.5% if paired wi...
by snailderby
Wed Dec 05, 2018 10:49 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8553
Views: 1673459

Re: U.S. stocks in freefall

your IPS wrote:
Tue Dec 04, 2018 9:12 pm
drk wrote:
Tue Dec 04, 2018 1:22 pm
Houe wrote:
Tue Dec 04, 2018 1:19 pm
I'm really not liking this market. Anyone else thinking its time to lighten up on equities? I'm really considering pulling out for a while.
No.

What does your IPS say?
I say stay the course.
Lol at your screen name and signature. :beer
by snailderby
Wed Dec 05, 2018 10:19 am
Forum: Investing - Theory, News & General
Topic: Vanguard US Multifactor Fund
Replies: 64
Views: 8604

Re: Vanguard US Multifactor Fund

I've been researching multifactor funds for investment in 2019. I think that it is curious that Vanguard doesn't include VFMF on their list of ETFs. To find info on the fund I had to enter VFMF in the search box. I noticed that the fund lost more than the market today. My interest in the fund is pr...
by snailderby
Tue Dec 04, 2018 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Rate My Portfolio
Replies: 8
Views: 663

Re: Rate My Portfolio

International v. U.S. stock: How much international stock do you want to hold? Posters on this board often disagree (vigorously) on this topic. Some people prefer 0% international stock. Some people prefer market weight, which is currently around 45%. And some people prefer to pick a number that is...
by snailderby
Tue Dec 04, 2018 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on this mix
Replies: 4
Views: 283

Re: Thoughts on this mix

First of all, welcome to the forum! If you haven't already checked out the Bogleheads wiki, there are a lot of resources there. See https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investing_start-up_kit. I have read all the books, I know stay the course, don't time the market ect. I put most of my ...
by snailderby
Sun Dec 02, 2018 1:24 pm
Forum: Investing - Theory, News & General
Topic: What percent of Managers beat the market BEFORE fees?
Replies: 94
Views: 5946

Re: What percent of Managers beat the market BEFORE fees?

Some have asked why OP's question matters given that real-world returns are always after fees. Maybe OP's question could help those who are evaluating actively managed funds with relatively low fees (like Vanguard's Primecap Admiral fund, which has a 0.32% ER), or those who don't have many low-ER pa...
by snailderby
Sun Dec 02, 2018 10:34 am
Forum: Investing - Theory, News & General
Topic: Rules of thumb for allocation/exposure
Replies: 29
Views: 2188

Re: Rules of thumb for allocation/exposure

OP,

There's an interesting suggestion on how much to allocate to bonds at this thread if you haven't read it yet: viewtopic.php?t=255850.
by snailderby
Sun Dec 02, 2018 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Stuck with Wells Fargo 401k: What to do?
Replies: 23
Views: 1436

Re: Stuck with Wells Fargo 401k: What to do?

Hi everyone, I recently changed jobs, moving from a megacorp with excellent 401k options, to a much smaller company. The new company uses Wells Fargo as 401k admin and I'm stuck with fund options which I think are terrible . Did you mean terrific? The options look excellent to me. Use the Blackrock...
by snailderby
Fri Nov 30, 2018 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Additions to S&P-500 to emulate total US market index
Replies: 8
Views: 747

Re: Additions to S&P-500 to emulate total US market index

The S&P 500 has performed very similarly to the total stock market over the years. See https://www.portfoliovisualizer.com/fund-performance?s=y&symbol=VFINX&benchmark=VTSMX&endDate=11%2F29%2F2018. If you want to tilt, arguments can be made for tilting to midcaps (see, e.g., https://www.bogleheads.or...
by snailderby
Thu Nov 29, 2018 9:38 am
Forum: Investing - Help with Personal Investments
Topic: Adjust for projected bear market?
Replies: 18
Views: 1944

Re: Adjust for projected bear market?

If you're worried about a possible bear market, whether that comes in 2019 or not until many years later, maybe consider having some sort of allocation to bonds?
by snailderby
Tue Nov 27, 2018 11:15 am
Forum: Investing - Theory, News & General
Topic: New all-world Small-Cap multi-factor ETF
Replies: 16
Views: 2652

Re: New all-world Small-Cap multi-factor ETF

ER now 0.39% . . . better but still kinda high. If anyone is interested . . . https://www.hartfordfunds.com/content/dam/thf/en/docs/auth/funddocuments/pitchbooks/ETFPB_ROGS.pdf Thanks for the update, CRTR! Hartford's website (https://www.hartfordfunds.com/etfs/rogs.html) says that the fund targets ...
by snailderby
Tue Nov 27, 2018 10:35 am
Forum: Investing - Theory, News & General
Topic: Bogleheads Greatest Hits
Replies: 27
Views: 3653

Re: Bogleheads Greatest Hits

How about this recent one from livesoft?
sf99 wrote:
Wed Oct 31, 2018 2:14 pm
Live in the bay area. Looking for ideas during thanks giving break (preferably road trip) . Any suggestions ?
livesoft wrote:
Wed Oct 31, 2018 9:12 pm
Drive to Grandma's house.
by snailderby
Tue Nov 27, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2340
Views: 1469762

Re: The Three-Fund Portfolio

In my opinion, the simplicity of having all our securities with one good company (like Fidelity) is much more important than a few basis points saved in Expense Ratios. Taylor, I appreciate and follow that worthwhile advice. What I was asking was whether the Fidelity Zero funds are better than thei...
by snailderby
Tue Nov 27, 2018 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate upon death
Replies: 33
Views: 2030

Re: Real Estate upon death

Unless FIL has undisclosed illness, I would not spend any time worrying about it now. The situation may change radically between now and then. The SIL may remarry and move out. FIL might need to take out a reverse mortgage leaving little equity. FIL may end up on Medicaid and the state takes the ho...
by snailderby
Tue Nov 27, 2018 7:56 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Investments With a Balanced Portfolio
Replies: 7
Views: 1430

Re: Vanguard Investments With a Balanced Portfolio

Personally, I would not treat VYM (Vanguard High Dividend Yield ETF) as part of my bond allocation. VWIAX (Vanguard Wellesley Income Fund) is also roughly 1/3 stocks. The performance of VYM has historically looked a lot more like VTI (Vanguard Total Stock Market ETF) than BND (Vanguard Total Bond Ma...
by snailderby
Mon Nov 26, 2018 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Moving 25 individual stocks into a few Fidelity index funds
Replies: 17
Views: 759

Re: Moving 25 individual stocks into a few Fidelity index funds

UpperNwGuy wrote:
Mon Nov 26, 2018 5:49 pm
To the two previous posters: It's pretty clear to me that OP wants to tilt toward mid and small cap. That's why he structured it the way he did.
I see. I didn't do the math earlier to see if those percentages overweighted mid/small cap. Thanks!
by snailderby
Mon Nov 26, 2018 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Moving 25 individual stocks into a few Fidelity index funds
Replies: 17
Views: 759

Re: Moving 25 individual stocks into a few Fidelity index funds

Is there a reason why you want to hold FXAIX (S&P 500) and FSMAX (extended market) separately instead of just owning one U.S. total stock market fund (either FZROX, or FSKAX if you don't trust the new zero-ER funds)? Nothing wrong with that approach. Just curious.
by snailderby
Mon Nov 26, 2018 9:53 am
Forum: Investing - Theory, News & General
Topic: What do bogleheads think of small cap value?
Replies: 37
Views: 3214

Re: What do bogleheads think of small cap value?

A more recent thread on small cap value v. small cap growth...viewtopic.php?f=10&t=264580.
by snailderby
Mon Nov 26, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Watch suggests adding Growth Stocks
Replies: 13
Views: 859

Re: Portfolio Watch suggests adding Growth Stocks

OP, if you feel like sharing what funds you currently hold, and at what percentages (total dollar value is not necessary), you might get more specific advice. Morningstar also has a free instant X-ray tool that will break down your holdings by sector, market-cap, value/blend/growth, etc.
by snailderby
Mon Nov 26, 2018 7:19 am
Forum: Investing - Theory, News & General
Topic: Reducing number of funds by supplementing LifeStrategy
Replies: 16
Views: 2165

Re: Reducing number of funds by supplementing LifeStrategy

OP,

Have you read this thread about Paul Merriman's two fund portfolio (target date fund + small-cap value)? See viewtopic.php?t=262367.
by snailderby
Wed Nov 21, 2018 1:42 pm
Forum: Investing - Theory, News & General
Topic: Do I need mid-cap to approximate VTSAX?
Replies: 6
Views: 407

Re: Do I need mid-cap to approximate VTSAX?

VO/VIMAX (Vanguard midcap) is a subset of VV/VLCAX (Vanguard large cap). Specifically, MGC (Vanguard megacap) + VO/VIMAX (Vanguard midcap) = VV/VLCAX (Vanguard large cap). See https://advisors.vanguard.com/VGApp/iip/advisor/csa/investments/benchmark/benchmarkcomparison/. If you want, you could add V...
by snailderby
Wed Nov 21, 2018 7:28 am
Forum: Investing - Theory, News & General
Topic: Vanguards PAS vs Intelligent Portfolios vs Etrade Core Portfolios
Replies: 3
Views: 327

Re: Vanguards PAS vs Intelligent Portfolios vs Etrade Core Portfolios

If you want more customizability with a robo advisor, there's Betterment's Flexible Portfolios (if you have more than $100K to invest). Or just implement your desired portfolio yourself at Vanguard / Fidelity / Schwab / M1 Finance / etc.
by snailderby
Mon Nov 19, 2018 11:19 am
Forum: Investing - Theory, News & General
Topic: Recommend an International Large Cap Index Mutual Fund
Replies: 5
Views: 449

Re: Recommend an International Large Cap Index Mutual Fund

If you want to exclude international small caps, what about the mutual fund version of VEU? VXUS (total int'l) = VEU (int'l large/mid cap) + VSS (int'l mid/small cap). See https://advisors.vanguard.com/VGApp/iip/advisor/csa/investments/benchmark/benchmarkcomparison/marketsegmentation/equity/internat...
by snailderby
Thu Nov 15, 2018 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Dividend Growth Fund VDIGX
Replies: 10
Views: 1362

Re: Dividend Growth Fund VDIGX

I am guilty of Boglehead sin of market timing. A year ago I moved the $200,000 in my deferred comp account (457) from the 500 index to VDIGX. After reading a couple of Jack's books and discovering this wonderful website I want to be all in on indexing. The problem is that it seems to be working out...
by snailderby
Wed Nov 14, 2018 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Better funds than VTSAX and VEA?
Replies: 13
Views: 905

Re: Better funds than VTSAX and VEA?

Hi there, I just put a bunch of money into VTSAX. Is this the best fund in class for a low-cost, total US stock market coverage? Is it as good as it gets if you don't have 5m for the institutional shares? VTSAX is a good fund. There are other good options out there (FSKAX/SWTSX/VTI/ITOT), but I don...
by snailderby
Wed Nov 14, 2018 10:55 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's advice on investing?
Replies: 67
Views: 7725

Re: Dave Ramsey's advice on investing?

Well, let me give my two cents. Of course keeping money in index funds and following Jack Bogle's advices is probably the best investing strategy for everybody, but I am not sure that everybody will diligently follow it throughout the life. Dave and Jack are doing quite different things and both ha...
by snailderby
Wed Nov 14, 2018 10:03 am
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 129
Views: 19747

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

Alex GR, From your previous posts, I gather that you are in your 40s and plan to continue investing for another 21-24 years. Your portfolio is in a taxable account, but much of your income is tax-exempt. Your current plan is to move to 30% bonds / 70% stocks (divided 76% U.S. / 24% international). A...
by snailderby
Tue Nov 13, 2018 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Approximate Total Stock Market
Replies: 5
Views: 574

Re: Approximate Total Stock Market

Id frankly just use SP500. Close enough. +1 a. The BlackRock Mid Cap Equity Index Fund (R) 0.05% tracks the Russell Midcap index, which roughly covers the 200th to 1000th largest publicly-traded companies in the United States. So that index will overlap substantially with the S&P 500. Vanguard Mid-...
by snailderby
Thu Nov 08, 2018 10:03 am
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 133
Views: 28532

Re: Bill Sharpe's preferred portfolio

October 31st FTSE numbers (in millions of USD): 27,114,191 - U.S. stocks - FTSE Global All-Cap index, U.S. breakdown 22,090,263 - ex U.S. stocks - FTSE Global All-Cap index minus U.S. 19,567,750 - U.S. bonds - FTSE US Broad Investment-Grade index 17,781,160 - ex U.S. bonds - FTSE World Broad Invest...
by snailderby
Thu Nov 08, 2018 10:02 am
Forum: Personal Consumer Issues
Topic: Best LSAT course?
Replies: 20
Views: 1012

Re: Best LSAT course?

1. If you don't plan to take a full prep course, at least take a look at the PowerScore LSAT Logic Games Bible. That was the one prep book that I used (other than old practice tests), and I found it very helpful. 2. I'd also second what alfaspider said about taking the LSAT seriously. I only studied...
by snailderby
Thu Nov 08, 2018 7:19 am
Forum: Investing - Help with Personal Investments
Topic: how do I determine if a company is value or growth?
Replies: 5
Views: 381

Re: how do I determine if a company is value or growth?

1. There isn't only one way to determine value, but three commonly used criteria are (1) price to book, (2) price to earnings, and (3) price to sales. See https://us.spindices.com/indices/equity/sp-500-value. I think Fama & French focused on the price to book ratio in their initial research, but I'm...
by snailderby
Thu Oct 25, 2018 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Dividend Investing vs. Index Funds
Replies: 19
Views: 1912

Re: Dividend Investing vs. Index Funds

Does your friend want to pick individual stocks with high dividends or just a mutual fund or ETF that focuses on high-dividend stocks?
by snailderby
Mon Oct 15, 2018 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Muscular Portfolios Questions
Replies: 16
Views: 2035

Re: Muscular Portfolios Questions

This is copied from https://muscularportfolios.com/mama-bear/: 1. Select any consistent day of the month to reallocate your portfolio. 2. Momentum Rule: Before the market closes on your chosen day, note the ETFs with the highest 5-mo. return (the green rows with a Buy percentage). 3. If, because of ...
by snailderby
Tue Oct 09, 2018 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Index vs. actively managed funds....is there a good tool to compare?
Replies: 24
Views: 1946

Re: Index vs. actively managed funds....is there a good tool to compare?

1. I used to own TRBCX and was happy with its performance. Its expense ratio is higher than most index funds but lower than many (if not most) active funds. You certainly could do a lot worse. 2. Like DMW said, a better comparison for TRBCX would probably be VUG or MGK because TRBCX focuses on blue-...
by snailderby
Fri Oct 05, 2018 10:33 am
Forum: Investing - Theory, News & General
Topic: Key differences between investing philosophies: Swedroe vs. Bogle
Replies: 144
Views: 8173

Re: Key differences between investing philosophies: Swedroe vs. Bogle

I don't know if this is a perfect approximation of the "Larry portfolio" (and like Random Walker pointed out, there probably isn't just one "Larry portfolio"), but there is this: https://portfoliocharts.com/portfolio/larry-portfolio/. I don't think it uses specific mutual funds that Swedroe recommen...
by snailderby
Thu Oct 04, 2018 8:46 am
Forum: Investing - Theory, News & General
Topic: Key differences between investing philosophies: Swedroe vs. Bogle
Replies: 144
Views: 8173

Re: Key differences between investing philosophies: Swedroe vs. Bogle

Differences: 1. Swedroe has argued that there may be merit in targeting factors other than market beta (such as size, value, quality, and momentum). Bogle is a proponent of owning the total (domestic) stock market. 2. Swedroe has also suggested that investors can achieve higher returns without highe...
by snailderby
Fri Sep 21, 2018 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3106
Views: 602803

Re: What's Your Credit Card Rewards Strategy?

3. Wells Fargo Propel American Express No annual fee 3x points on dining, travel, gas, and streaming services All points are worth 1.5¢ for airfare if used with the Wells Fargo Visa Signature card, giving you an effective rewards rate of 4.5% for dining, travel, gas, and streaming services Alternat...
by snailderby
Tue Sep 18, 2018 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Complete Beginner to investing, 24 years old
Replies: 24
Views: 3308

Re: Complete Beginner to investing, 24 years old

Macro, Sometimes (especially for younger investors who have a Roth IRA) it can make sense to fill your Roth IRA with stocks first instead of bonds. See https://www.betterment.com/resources/research/tax-coordinated-portfolio-white-paper/. Are you planning on moving back to the UK eventually? I don't ...
by snailderby
Tue Sep 18, 2018 8:59 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3106
Views: 602803

Re: What's Your Credit Card Rewards Strategy?

Goals. Only carry two or three cards on a daily basis. Avoid cards with rotating categories for simplicity. Avoid cards with an annual fee, so I never feel pressured to cancel a card. Cards. 1. PayPal Cashback Mastercard No annual fee 2% cashback on all purchases 2. Target REDCard No annual fee 5% ...
by snailderby
Mon Sep 17, 2018 8:51 pm
Forum: Investing - Theory, News & General
Topic: Chasing Mutual Fund Performance - Follow the Momentum?
Replies: 5
Views: 529

Re: Chasing Mutual Fund Performance - Follow the Momentum?

"Put another way: Performance chasing works." For Real? :shock: Yes, according to the article, if you "select[] mutual funds based on their performance over the previous 12-months," rebalance your portfolio every month, and ignore transaction costs. But if you "select[] funds based on their three-y...
by snailderby
Sun Sep 16, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: What are the "best" factors?
Replies: 23
Views: 2045

Re: What are the "best" factors?

If the most popular factors are size, value, quality, momentum, and volatility, an S&P 600 value fund or ETF (like IJS or VIOV) should give you exposure to size, value, and to some extent quality (because the S&P 600 incorporates a basic profitability screen). Vanguard's new multifactor fund should ...
by snailderby
Thu Sep 13, 2018 6:44 am
Forum: Personal Finance (Not Investing)
Topic: Credit card advice
Replies: 22
Views: 1433

Re: Credit card advice

Instead of cancelling the card, can you downgrade it to another card from the same company with no annual fee? If that's possible, you may be able to retain its credit limit and account history.